Stephens Investment Management Group LLC Acquires Shares of 894,005 JFrog Ltd. $FROG

Stephens Investment Management Group LLC acquired a new stake in JFrog Ltd. (NASDAQ:FROG) in the 1st quarter, Holdings Channel.com reports. The institutional investor acquired 894,005 shares of the company’s stock, valued at approximately $41,956,000.

A number of other hedge funds have also modified their holdings of FROG. Vanguard Group Inc. increased its holdings in shares of JFrog by 4.0% in the 4th quarter. Vanguard Group Inc. now owns 9,505,832 shares of the company’s stock valued at $593,734,000 after acquiring an additional 362,654 shares during the period. Whale Rock Capital Management LLC boosted its stake in JFrog by 82.2% during the 4th quarter. Whale Rock Capital Management LLC now owns 5,297,812 shares of the company’s stock worth $330,901,000 after purchasing an additional 2,389,415 shares during the period. Wasatch Advisors LP boosted its stake in JFrog by 187.4% during the 1st quarter. Wasatch Advisors LP now owns 4,156,033 shares of the company’s stock worth $195,043,000 after purchasing an additional 2,710,167 shares during the period. Price T Rowe Associates Inc. MD boosted its stake in JFrog by 30.9% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,683,153 shares of the company’s stock worth $167,590,000 after purchasing an additional 633,231 shares during the period. Finally, Fiera Capital Corp grew its position in JFrog by 37.5% during the 4th quarter. Fiera Capital Corp now owns 2,253,450 shares of the company’s stock worth $140,750,000 after purchasing an additional 614,383 shares during the last quarter. 85.02% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, CRO Tali Notman sold 22,015 shares of the firm’s stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $83.95, for a total value of $1,848,159.25. Following the completion of the transaction, the executive directly owned 706,629 shares of the company’s stock, valued at $59,321,504.55. This trade represents a 3.02% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Ben Haim Shlomi sold 65,999 shares of JFrog stock in a transaction on Monday, June 29th. The stock was sold at an average price of $90.03, for a total value of $5,941,889.97. Following the transaction, the chief executive officer directly owned 4,592,237 shares of the company’s stock, valued at approximately $413,439,097.11. This represents a 1.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 941,699 shares of company stock worth $74,009,302. 11.80% of the stock is owned by insiders.

JFrog Price Performance

Shares of NASDAQ:FROG opened at $94.81 on Friday. The company has a market cap of $11.48 billion, a price-to-earnings ratio of -178.89 and a beta of 1.20. The firm’s 50-day simple moving average is $73.43 and its 200-day simple moving average is $58.99. JFrog Ltd. has a fifty-two week low of $34.05 and a fifty-two week high of $96.00.

JFrog (NASDAQ:FROG) last posted its quarterly earnings results on Thursday, May 7th. The company reported $0.27 EPS for the quarter, beating the consensus estimate of $0.22 by $0.05. JFrog had a negative return on equity of 4.61% and a negative net margin of 10.93%.The business had revenue of $153.98 million during the quarter, compared to analysts’ expectations of $147.45 million. During the same period last year, the firm earned $0.20 EPS. The company’s quarterly revenue was up 25.8% compared to the same quarter last year. JFrog has set its FY 2026 guidance at 0.930-0.970 EPS and its Q2 2026 guidance at 0.230-0.25 EPS. On average, research analysts forecast that JFrog Ltd. will post -0.15 EPS for the current year.

Wall Street Analyst Weigh In

FROG has been the topic of a number of recent research reports. TD Cowen lifted their price objective on shares of JFrog from $80.00 to $100.00 and gave the company a “buy” rating in a research note on Thursday, June 18th. Citigroup reiterated a “buy” rating on shares of JFrog in a research note on Monday, June 8th. Stifel Nicolaus raised their price target on JFrog from $75.00 to $85.00 and gave the stock a “buy” rating in a report on Tuesday, May 26th. Wall Street Zen downgraded JFrog from a “buy” rating to a “hold” rating in a research note on Saturday, March 21st. Finally, JPMorgan Chase & Co. increased their price objective on JFrog from $68.00 to $76.00 and gave the stock an “overweight” rating in a research report on Friday, May 8th. Twenty-one research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $82.48.

JFrog Profile

JFrog is a software company specializing in DevOps solutions designed to streamline the management, distribution and security of software binaries. Its core offering, JFrog Artifactory, serves as a universal artifact repository manager compatible with all major package formats, enabling development teams to store, version and share build artifacts across the software delivery pipeline. The company’s platform also includes tools for continuous integration and delivery (CI/CD), security scanning and release automation.

Among JFrog’s flagship products are JFrog Xray, a security and compliance scanning service that analyzes artifacts and dependencies for vulnerabilities; JFrog Pipelines, a CI/CD orchestration engine that automates build and release workflows; and JFrog Distribution, which accelerates the secure distribution of software releases to edge nodes and end users.